Morning Daily - 2020-05-20

ETAuto Newsletter | Wednesday, May 20, 2020

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | People Movement | Auto Components
Top Stories
• Automakers' attempt to deal with migrant labour shortages
• Need mood elevators to bring consumers back after a long lull: Rajiv Bajaj
• Hero Motocorp to defer its CAPEX plan for this year
• FADA seeks re-inclusion of auto dealers under MSME ambit
• Hyundai to start export of cars soon
• Managing actual volatile demand in the global automotive supply chain: Audio interview
• Ashok Leyland issues NCDs worth Rs 400 crore
• People will shun shared mobility after the lockdown: whats shaping sales strategy at Hyundai ET Prime
• Renault to cut 400 jobs at its Slovenia unit
• Ashok Leyland seeks govt policy intervention for auto industry
• Fiat, Tata Motors JV plant resumes operations at Ranjangaon
• GM says it is 'almost there' on million-mile electric vehicle battery
• Apollo Tyres Q4 PAT plunges 7% at Rs 78 cr
• Renault-Nissan-Mitsubishi to unveil strategic plan
• Industry associations, trade bodies appeal for extension of moratorium for MSMEs by another 9 months HBL
• Snowman Logistics stake sale to Adani gets murky HT MINT
• As lockdown eases, India Inc faces risk of Covid-19 infections at its doorstep HT MINT
• Strong Recovery of Tractor Sales in the Next Quarter: Raman Mittal Krishijagran.com
• Lenders look to pivot to tractor financing to beat slowdown in the auto sector Livemint
• Bajaj Auto Q4 preview: Over 10% revenue dip seen on volume de-growth Business-standard.com
• 1 lakh challans through cams during lockdown: Delhi Traffic Police gets cracking Https://auto.hindustantimes.com
• Unlikely Lada Percentage Sales Winner For April, But Tesla Beats A Decimated Field Forbes
• Global sales of gas cars already peaked, but US will lag rest of world on EVs Electrek
• Is America Headed for a Post-Coronavirus Traffic Apocalypse? Reason.com
• The Future Of Work: Improving Workforce Training And Employee Experience Forbes.com
• Japan's TV stations feel coronavirus blow despite audience surge as car ads fall Nikkei Asian Review
• Porsche's newest app lets buyers track the progress of their 911 TechCrunch
Industry
• Public transport restarts in Delhi after 56 days, SOP on Wednesday
• RBI may soften restructuring norms after govt's IBC relaxation
• Govt measures unlikely to stimulate demand as package focussed on supply-side: Crisil
• Pune: 4,000 companies set to open, but labour shortage an issue
• Legal opinion sought on whether NHAI can build smart cities along Delhi-Mumbai E'way: Gadkari
• An easing of coronavirus prevention measures helps China's auto plants rev up
• Loan package fails to impress MSMEs
• Package for financial sector to ease asset risks, but won't fully offset COVID-19 blow: Moody's
• Lenders see a payment recovery as economy restarts
• Indecisive officials dealing with highway projects to face action, warns Nitin Gadkari
• Rupee opens 14 paise up at 75.77 against dollar
• Sensex up 500 points on on vaccine optimism
• Labour shortage, raw material cost drag MSMEs to morass
Passenger Vehicle
• Trump to visit Ford factory that requires masks. Will he comply?
• Fiat Chrysler's loan request raises doubts about 5.5 billion euro dividend
• Mitsubishi Motors to cut costs after slump in annual profit
• Coronavirus impact: 3 in every 4 people want to buy own vehicle
• Mahindra & Mahindra offers new finance schemes
• April European car sales see worst drop since records began
• Americans still dont trust self-driving cars
• Electric car sales to fall, but not as much as other vehicles: Research
Commercial Vehicle
• Cities need to ramp up bus availability to maintain social distancing norm among passengers
• Heavy goods vehicle sales in UK slumps 22.5% in Q1 2020
• Punjab starts free bus service for migrant workers to return to UP
• Buses return on Telangana roads after 58 days
Two Wheelers
• Vespa and Aprilia reopen dealerships across Karnataka
Aftermarket
• Renault deploys 500 ZOE for Zity car-sharing service in Paris
• Lockdown 4.0: Uber, Ola resume services in more cities
Auto Components
• Thyssenkrupp could sell steel business in historic shift
• ZF's second electric drive for buses to go into production
Auto Finance
• German auto lenders under scrutiny as crisis hits car values
Oil & Lubes
• Oil prices ease on dim economic outlook despite signs of firmer demand
• Fuel sales boost signals worst of rout might be over
• Gujarat: Petrol pump owners seek urgent help from govt
 
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